Multiple Choice
Substantive tests of balances are sometimes done before the year- end. This can only be done if:
A) internal controls are effective.
B) substantive tests have to be increased.
C) more reliable evidence is needed.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Phase IV of the audit primarily relies
Q39: In the context of an audit of
Q39: The extent of tests of details of
Q40: A procedure designed to test for monetary
Q42: ASA 520 states that analytical procedures can
Q45: Tests to determine whether the accounting transactions
Q47: Which one of the following is ordinarily
Q55: Presentation- and disclosure-related objectives are more important
Q70: The timing of phase I audit procedures
Q90: The results of tests of controls and